SEOUL, Aug. 26 (Korea Bizwire) – SK Group announced that if any of the soldiers who postponed their discharge from the military under tense political situations were to apply for a job at SK, they would hire them preferentially. Officials at the conglomerate say that their chairman, Chey Tae-won, was very touched at the news [...]
SEOUL, Aug. 26 (Korea Bizwire) – Korean financial regulators will set up guidelines allowing brokerage firms in Korea, including branches of foreign companies, to sell overseas financial products like foreign bonds to local institutional investors together with foreign partners. The Financial Supervisory Service announced on August 25 that it had prepared such guidelines, and will make [...]
SEOUL, Aug. 26 (Korea Bizwire) – The industry ministry of Korea announced that it would reinforce its support for software-convergence components by selecting 20 core parts to be embedded in wearable devices or next generation displays. On August 25, the Ministry of Trade, Industry and Energy selected the 20 core parts essential for the advancement of [...]
SEOUL, Aug. 26 (Korea Bizwire) – Palestine won its first-ever medal at a World Taekwondo competition with 12-year-old Mohammed Yasini’s silver medal. Yasini settled for silver after being defeated by Germany’s Ranye Drebes in the gold medal match in the men’s under 41 kilogram division of the World Cadet Championships held at the T1 Arena in [...]
SEOUL, Aug. 26 (Korea Bizwire) – MBC has announced that it will produce an action drama based on virtual reality (VR), and reveal it on September 5. The drama ‘Shine or go Crazy VR’ is an offshoot of ‘Shine or go Crazy’, which was aired early this year, starring Jang Hyuk and Oh Yeon-seo. The story [...]
Cheongju, Aug. 26 (Korea Bizwire) - “Even if I’m put on a ventilator for 24 hours, I’m going to achieve my dream of being a youth counselor.” Gong Hwa-ja (52) dreamed of another goal even before the happiness of passing the university qualification exam. Gong has had a serious lung condition since her childhood, and [...]
SEOUL, Aug. 26 (Korea Bizwire) – South Korea’s leading online shopping site Interpark said Wednesday it has joined forces with the nation’s top mobile carrier and several other firms to win regulatory approval for running an Internet-only bank. Interpark said its consortium includes SK Telecom, the state-run Industrial Bank of Korea, GS Home Shopping and four [...]
SEOUL, Aug. 26 (Korea Bizwire) — South Korea’s major business groups prefer retired public officers as outside directors, data showed Wednesday, in a widespread practice to expand their network in the government. According to corporate researcher CEO Score, 38.6 percent of 609 outside directors serving at 187 listed firms affiliated with the nation’s top 30 [...]
Financial Results Highlights: Third Quarter 2015 Compared with Third Quarter 2014: - Net income of $1,192 million, up 6%; adjusted net income(1) of $1,230 million, up 6% - EPS(2) of $1.80, up 8%; adjusted EPS(1,2) of $1.86, up 8% - ROE of 13.6%, compared with 14.4%; adjusted ROE(1) of 14.0%, compared with 14.9% - Provisions [...]
TORONTO, ONTARIO, August 25 (Korea Bizwire) – Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that the Board of Directors declared a quarterly dividend of $0.82 per share on paid-up common shares of Bank of Montreal for the fourth quarter of fiscal year 2015, unchanged from the previous quarter. The Board of Directors also [...]